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Aug 30 (Reuters) - Seven Group Holdings Ltd (SVW) : SEVEN GROUP...

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    30/08/23
    10:10
    Post #: 69630736

    Aug 30 (Reuters) - Seven Group Holdings Ltd (SVW) :

    • SEVEN GROUP SELLS 1% OF BORAL VIA AFTERMARKET BLOCK TRADE
    • COMPLETED SALE OF A 1% STAKE IN BORAL
    • THERE WILL BE NO RECOGNITION OF GAINS OR LOSSES IN GROUP EARNINGS AS A RESULT OF TRANSACTION
    • SALE OF A 1% STAKE IN BORAL AT AN AVERAGE PRICE OF A$4.90 PER SHARE
    • SGH RETAINS A CONTROLLING INTEREST IN BORAL AND WILL CONTINUE TO CONSOLIDATE ITS EARNINGS
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